Horizon Technology reports Q2 new loan originations at $11.5M

Horizon Technology provided its portfolio update for the second quarter ended June 30, 2024 and an update on the lending platform of Horizon Technology Finance Management LLC (“HTFM”), its investment adviser. During the second quarter of 2024, HRZN funded a total of $11.5 million of loans and $0.5 million of equity, as follows: $5.0 million to a new portfolio company, a fulfillment and supply chain technology services company focused on optimizing logistics across a variety of industries. $5.0 million to an existing portfolio company, Supply Network Visibility Holdings LLC (d/b/a Everstream Analytics), a provider of supply chain risk management software. $1.0 million of debt and $0.5 million of equity to an existing affiliated portfolio company, a builder of conservation memorial forests that offer sustainable alternatives to cemeteries. $0.5 million to an existing portfolio company, Nexii Building Solutions Inc., a green construction technology company focused on creating environmentally-friendly, durable, cost-efficient and disaster-resilient buildings.